Cold March keeps shoppers’ spending tepid

Published April 11, 2013 3:11pm ET



NEW YORK (AP) — So much for new spring shorts and T-shirts. As cold weather lingered across most of the country, Americans shopped modestly in March.

U.S. retailers reported a key revenue figure rose slightly during the month, as shoppers held back on spending because of the cold weather across the nation, particularly the Midwest and East Coast, and continued fears about the economy. Economists monitor consumer spending because it accounts for more than 70 percent of economic activity.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.